Bill Text: NY A08823 | 2021-2022 | General Assembly | Introduced
Bill Title: Increases the minimum wage for employers reporting an annual income of five hundred million dollars or more to $20.00 per hour.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2022-01-12 - referred to labor [A08823 Detail]
Download: New_York-2021-A08823-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 8823 IN ASSEMBLY January 12, 2022 ___________ Introduced by M. of A. GONZALEZ-ROJAS -- read once and referred to the Committee on Labor AN ACT to amend the labor law, in relation to increasing the minimum wage for certain employers The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Subdivision 1 of section 652 of the labor law is amended by 2 adding a new paragraph (e) to read as follows: 3 (e) Notwithstanding the provisions of paragraphs (a), (b) and (c) of 4 this subdivision, every employer reporting an annual income of five 5 hundred million dollars or more shall pay to each of its employees for 6 each hour worked not less than $20.00 per hour, or, if greater, such 7 other wage as may be established by federal law pursuant to 29 U.S.C. 8 section 206 or its successors or such other wage as may be established 9 in accordance with the provisions of this article. Such requirement 10 shall apply to every franchise of a company if such company is reporting 11 an annual income of five hundred million dollars or more, regardless of 12 the annual income of such franchise. 13 § 2. This act shall take effect on the one hundred eightieth day after 14 it shall have become a law. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD13050-02-1